Dec

Some Useful Advice For Traders

Before the new years, I noticed that there is a trend of a ” SELL OFF “. What I suggest all traders to do is look for a target buy price. Example, so if the sell off is active and say a stock drops from $3.00 to $0.70, put a buy price in the mid $0.70. You’ll see your portfolio jump in the next 3 weeks.

Happy Holidays Everyone! I’ll see you after the New Years!

Categories : December 2009

Live Twitter Trading Updates

Interior chief Salazar voices doubt on Arctic drilling (Reuters): Reuters - Interior Secretary Ken Salazar sa... http://bit.ly/cs5zu6 about 53 minutes ago from twitterfeed
Gold Socks Proverbial Gold Mine This Fall?: http://bit.ly/8Xifr0 about 59 minutes ago from twitterfeed
[$$] As Gold Climbs, So Do the Deals: http://bit.ly/bJIOhT about 59 minutes ago from twitterfeed
How the major stock indexes fared Friday (AP): AP - The stock market had its first winning week in a month af... http://bit.ly/9MbdDw about 1 hour ago from twitterfeed
Stocks extend September rally after jobs report (AP): AP - The stock market had its first winning week in a m... http://bit.ly/bdSDtG about 1 hour ago from twitterfeed

Energy & Oil Industry News

Texas firm temporarily plugs leaking ND oil well (AP) September 3, 2010
AP - A ruptured oil well in western North Dakota was temporarily plugged on Friday after leaking more than 2,400 barrels of crude and water, company officials said. […]
Petrobras to sell $65 billion stock in record offer (Reuters) September 3, 2010
Reuters - Brazilian state oil company Petrobras on Friday filed to sell up to $64.5 billion of new stock -- the largest in capital markets history -- sending its stock sharply higher after months of uncertainty that dragged on its share price. […]
Court reinstates markup law for Wisconsin gasoline (AP) September 3, 2010
AP - A federal appeals court on Friday reinstated Wisconsin's 71-year-old minimum markup law on gasoline, a decision that could limit competition among retailers and drive up gas prices. […]
Crews prepare to raise failed blowout preventer (AP) September 3, 2010
AP - A vessel has latched onto a key piece of evidence in the oil spill investigation so crews can raise the 300-ton device to the surface of the Gulf of Mexico. […]
Watch those gas pumps; prices expected to fall (AP) September 3, 2010
AP - Gasoline prices have been falling for weeks, and they could go even lower as autumn's leaves begin to drop. […]

Business News

Calif city to subpoena ex-official in salary probe - BusinessWeek September 3, 2010
Calif city to subpoena ex-official in salary probeBusinessWeekThe Bell City Council has voted unanimously to subpoena the records of its former city manager, whose huge salary prompted investigations into possible fraud in the small, working-class Los Angeles suburb. City Attorney James M. Casso says the records ...Calif. city to subpoena official in salary […]
Coast Guard: Sheen not likely from active oil leak - BusinessWeek September 3, 2010
CBC.caCoast Guard: Sheen not likely from active oil leakBusinessWeekA day after a fire on an offshore oil platform off the central Louisiana coast, federal investigators have gone aboard to make sure no oil is leaking from the site. The Coast Guard said Friday that no oil is believed to ...BP removes failed blowout preventerCNNBP removes failed blowout preve […]
Good news for Labor Day drivers: Gas prices drop - MarketWatch September 3, 2010
WISC MadisonGood news for Labor Day drivers: Gas prices dropMarketWatchDriving somewhere this weekend? If so, there's good news for you at the gas pump. As Steve Gelsi writes in his story today, gas prices are lower than experts predicted earlier this year, though the national average is only a few cents lower than it was ...Watch those gas pumps; price […]
Goldman shutting prop trading desk: report - Reuters September 3, 2010
Goldman shutting prop trading desk: reportReutersNEW YORK (Reuters) - Goldman Sachs Group Inc is closing its principal strategies desk as US regulators try to limit trading risk that major banks take with their money, Bloomberg News reported on Friday. The report, citing two people with ...Goldman to Shut Principal Strategies UnitWall Street JournalGoldman S […]
Despite hiring, US unemployment rate seems frozen - The Associated Press September 3, 2010
Kansas City StarDespite hiring, US unemployment rate seems frozenThe Associated PressWASHINGTON — Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work. Private employers added a net total of ...Idaho's jobles […]

More Business News

Spending cuts before 2011 could hurt recovery: IMF, ILO (AFP) September 3, 2010
AFP - The IMF and the UN labour agency are urging advanced economies not to cut government spending before 2011, warning that a move to tighten fiscal policies could hurt the global recovery. […]
Payrolls data offer ray of hope for recovery (Reuters) September 3, 2010
Reuters - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth. […]
Experts see trouble ahead for developed world (AP) September 3, 2010
AP - Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook — especially for the United States and much of the industrialized world. […]
Stranded actor Paul Hogan in Australia tax deal (Reuters) September 3, 2010
Reuters - Actor Paul Hogan, star of the "Crocodile Dundee" movies, has struck a deal with Australia's tax office which will allow him to return home to his family in Los Angeles, his lawyer said on Friday. […]
Texas firm temporarily plugs leaking ND oil well (AP) September 3, 2010
AP - A ruptured oil well in western North Dakota was temporarily plugged on Friday after leaking more than 2,400 barrels of crude and water, company officials said. […]